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RingCentral Inc (DE:3RCA)
:3RCA
3RCA Stock Chart & Stats
Day’s Range― - ―
52-Week Range€24.72 - €39.86
Previous CloseN/A
Volume330.00
Average Volume (3M)33.00
Market Cap
€2.89B
Enterprise Value€4.48B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta1.53
Next Earnings
Feb 20, 2025EPS Estimate
0.92Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.97
Shares Outstanding80,068,640
10 Day Avg. Volume2
30 Day Avg. Volume33
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.29
Price to Cash Flow (P/CF)6.00
P/FCF Ratio6.40
Enterprise Value/Market Cap1.55
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.91
Enterprise Value/Ebitda21.33
Forecast
1Y Price Target
€35.88Price Target Upside8.31% Upside
Rating ConsensusHold
Number of Analyst Covering6
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceRNG reported strong Q3 2024 top-line results with subscription revenue increasing 10% year-over-year to $583M, exceeding consensus by 2%.
LeadershipRNG named Abhey Lamba new CFO, who most recently served as VP of Finance for Global Infrastructure at AWS, bringing valuable experience from finance roles at Cisco and Autodesk.
Product GrowthNew wins continued across the trifecta of new products with combined new product customer count increasing an impressive ~40%.
Bears Say
Competitive EnvironmentAnalyst is wary of risks from the competitive environment.
Growth ChallengesThe friction from leading with RingCX vs. Ring Contact Center is likely to weigh on growth slightly in the near term.
Partnership RisksThere is concern that the focus on RingCX could lead to the termination of the partnership with NICE and be a potential revenue headwind.
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Ownership Overview
1.94% Insiders
38.46% Mutual Funds
0.45% Other Institutional Investors
36.77% Public Companies and Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by RingCentral
Desktop Users
Mobile Users
3RCA FAQ
What was RingCentral Inc’s price range in the past 12 months?
RingCentral Inc lowest stock price was €24.72 and its highest was €39.86 in the past 12 months.
What is RingCentral Inc’s market cap?
RingCentral Inc’s market cap is €2.89B.
When is RingCentral Inc’s upcoming earnings report date?
RingCentral Inc’s upcoming earnings report date is Feb 20, 2025 which is in 3 days.
How were RingCentral Inc’s earnings last quarter?
RingCentral Inc released its earnings results on Nov 07, 2024. The company reported €0.908 earnings per share for the quarter, beating the consensus estimate of €0.883 by €0.026.
Is RingCentral Inc overvalued?
According to Wall Street analysts RingCentral Inc’s price is currently Undervalued.
Does RingCentral Inc pay dividends?
RingCentral Inc does not currently pay dividends.
What is RingCentral Inc’s EPS estimate?
RingCentral Inc’s EPS estimate is 0.92.
How many shares outstanding does RingCentral Inc have?
RingCentral Inc has 80,068,640 shares outstanding.
What happened to RingCentral Inc’s price movement after its last earnings report?
RingCentral Inc reported an EPS of €0.908 in its last earnings report, beating expectations of €0.883. Following the earnings report the stock price went down -0.226%.
Which hedge fund is a major shareholder of RingCentral Inc?
Currently, no hedge funds are holding shares in DE:3RCA
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RingCentral Stock Smart Score
Neutral
1
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Analyst Consensus
Hold
Average Price Target:
€35.88 (8.31% Upside)
€35.88 (8.31% Upside)
Blogger Sentiment
Bullish
DE:3RCA Sentiment 70%
Sector Average 67%
Sector Average 67%
Insider Transactions
Sold Shares
Worth $176.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.91%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-16.68%
Trailing 12-Months
Company Description
RingCentral Inc
Founded in 1999, California-based RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company's products include RingCentral Professional, RingCentral Office, RingCentral Glip, and RingCentral Fax.
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3RCA Company Deck
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3RCA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
RingCentral reported strong financial performance and strategic progress with significant growth in revenue and profitability. The company showcased leadership in the UCaaS market and promising early traction in CCaaS with RingCX. However, slight gross margin decline and macroeconomic challenges in the SMB segment present some challenges, balanced by the overall positive trajectory driven by new product offerings and strategic partnerships.Read More>---
3RCA Revenue Breakdown
90.00% North America
10.00% Other
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3RCA Stock 12 Month Forecast
Average Price Target
€35.88
▲(8.31% Upside)
Technical Analysis
Best Analysts Covering 3RCA
1 Year
1 Year Success Rate
21/35 ratings generated profit
1 Year Average Return
+34.93%
downgraded a buy rating 2 months ago
Copying Brian Peterson's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +34.93% per trade.
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